SC axe on offshore money

On May 1, the Supreme Court ordered reconstitution of the Special Investigation Team for a comprehensive probe into the infamous black money petition.


Centre discloses 26 names of account holders in Liechtenstein bank

A three-year-old judgment followed by repeated coaxing by the Supreme Court made the Centre disclose all 26 Indian account holders in LGT Bank in Liechtenstein along with details of money in their accounts, which was supplied in 2008 by Germany to India.


Singaporean DTA With Barbados In Force

The DTA is intended to boost cross-border trade and investment between Singapore and Barbados by providing greater clarity on both parties' taxing rights to ensure that double taxation does not occur.


India takes decisive steps to tackle offshore tax evasions

As part of India’s approach to restrict offshore tax evasion and promote foreign investment, the Finance Ministry has recently opened seven new Income Tax Overseas Units in seven countries, including France, Germany, Japan, Netherlands, UAE, UK and


Two high-profile executives arrested

The two arrested high-profile executives of an international IT giant would be spending the next 3 to 4 days in Central Adiala Jail Rawalpindi after they were given in judicial remand.